$2,862 Closing Credit*
$241,000
1,248 SqFt
3 Beds
•1 Full Bath, 1 Partial
Cheryl Ann Cheney, Listing Office: Berkshire Hathaway Blake
Is Glens Falls, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Glens Falls has remained a Seller's Market.
Key Takeaway
Glens Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glens Falls, NY
How much do homes in Glens Falls, NY cost?
Median Sold Price
$249,450
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$28,200(+12.7%)
Key Takeaway
Homes in Glens Falls have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Glens Falls was $249,450 in December 2024, up 12.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160.5K | - | N/A |
| 2 Bedrooms | $165.5K | $208K | +25.7% |
| 3 Bedrooms | $236K | $231K | -2.1% |
| 4 Bedrooms | $217.5K | $269K | +23.7% |
| 5+ Bedrooms | $269.9K | $280K | +3.7% |
Summary: Glens Falls housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
| Glens Falls | $221.2K | $249.4K | +12.7% |
| South Glens Falls | $251K | $266K | +6.0% |
| Moreau | $300K | $298.2K | -0.6% |
| Queensbury | $365K | $340.6K | -6.7% |
Housing Supply in Glens Falls, NY
How many homes are available in Glens Falls, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 68 | 36 | -47.1% |
Summary: The Glens Falls real estate market had 36 homes for sale in December 2024, a 47.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 32 | 16 | -50.0% |
| 4 Bedrooms | 24 | 15 | -37.5% |
| 5+ Bedrooms | 6 | 1 | -83.3% |
Summary: The Glens Falls housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 83.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glens Falls, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Glens Falls in December 2024, down by 22.7% month-over-month. Of the 17 sold homes, 41% were sold under asking, 12% were sold at asking, and 47% were sold over asking.
Days on Market for Glens Falls, NY
How long does it take to sell a home in Glens Falls, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 20 Days | 22 Days | +10.2% |
Summary: Homes in Glens Falls had an average of 22 days on market in Dec 2024, up by 10.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glens Falls are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 17 homes were sold in Glens Falls; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.